We were going to buy a dslr, but realized that a small point and shoot is going to get a ton more use every day. So we just bought an olympus from costco that was about $100 on sale. The biggest features I like are the larger, wide angle lens, in addition to 14 megapixels, 12.5x zoom, hd video, and image stablizer. It also came with 2 batteries and a big memory card, which were nice bonuses. It’s certainly not top of the line, but it’s very clear, and won’t weigh me down when I’m already carrying 2 babes.

I have little canon and panasonic P&S to have with me all the time on the go, and a Canon T3 for special event and at home shots. Also get the 50mm f/1.8 lens for about ~100. Great cheap sharp portrait lens. Check amazon to see example images of what you can do with it.